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Ready-to-issue (RTI), 100% affordable development opportunity in North Hollywood. 11405 W Archwood St / 6701 N Tujunga Ave is a 6,790 SF corner lot, zoned RD1.5-1, with plans approved for a new 4-story, 22-unit Type V-A apartment building under ED 1 and AB 2345. The project uses AB 2345 base incentives, including unlimited density, no required parking and a 33-foot height increase. It is not an SB 330 project and requires no zone change, variance or general plan amendment.The design delivers approx. 14,513 SF of gross building area: 19 one-bedroom and 3 two-bedroom units, including 1 manager's unit. Features include an elevator, approx. 1,885 SF of rooftop common open space, an on-site laundry room, long-term bike parking and full NFPA-13 fire sprinklers. The project is 100% privately funded, with no tax credits and no public financing, so the buyer controls the capital stack and the timeline.Rents can be underwritten to HACLA Section 8 payment standards for zip code 91606, for projected gross potential rent of approx. $619,000 per year. A welfare property tax exemption under R&TC Section 214 offers additional upside to operating expenses. The site is served by LA Metro Line 165 and LADOT DASH North Hollywood.Architectural, civil and structural plan sets are complete. A buyer steps in with entitlement and plan-check risk behind them and a clear path to construction. Offering memorandum, plans and pro forma available on request. Buyer to verify all information.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 10/19/2026 | Year Built | 0 |
|---|---|---|---|
| Community | NHO - North Hollywood | County | Los Angeles |
Additional Details
| AREA | NHO - North Hollywood |
|---|---|
| LOT | 6791 sq ft |
| LOT DIMENSIONS | 6793 |
| VIEW DESCRIPTION | None |
Location
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The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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